Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
SUSAN R AND JOHN W SULLIVAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)411 SE OSCEOLA STREET SUITE 201
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
STUART, FL349943008
A Employer identification number

22-2612047
B Telephone number (see instructions)

(772) 283-3838
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,085,551J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 92,403 92,171  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 146,297
b Gross sales price for all assets on line 6a 3,169,763
7 Capital gain net income (from Part IV, line 2)... 146,297
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 12,641 1,045  
12 Total. Add lines 1 through 11........ 251,341 239,513  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 90,500 45,250   45,250
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,935 3,467   3,468
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,243 3,751   2,972
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 25,322 12,661   12,661
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 32,609 29,492   360
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 171,609 94,621   64,711
25 Contributions, gifts, grants paid....... 464,800 464,800
26 Total expenses and disbursements. Add lines 24 and 25 636,409 94,621   529,511
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -385,068
b Net investment income (if negative, enter -0-) 144,892
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 93,706 131,286 131,286
2 Savings and temporary cash investments......... 226,389 357,428 357,428
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 297,501 Click to see attachment273,366 282,356
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 183,995 Click to see attachment228,181 244,473
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,804,362 Click to see attachment4,239,595 5,070,008
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,605,953 5,229,856 6,085,551
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment24,664 Click to see attachment33,635
23 Total liabilities (add lines 17 through 22)......... 24,664 33,635
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 5,581,289 5,196,221
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 5,581,289 5,196,221
30 Total liabilities and net assets/fund balances (see instructions). 5,605,953 5,229,856
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,581,289
2
Enter amount from Part I, line 27a .....................
2
-385,068
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,196,221
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,196,221
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 6000 SHS US TREASU NT 2.875%08/28 UST NOTE DUE 08/15/28   2019-03-11 2020-12-18
b 12000 SHS A T & T INC 4.125%26 EXCHANGE OFFER EXP: 12/01.12/15/2020   2017-09-22 2020-11-19
c 12000 SHS E*TRADE FINL, LL 2.95%22 DUE 08/24/22   2017-08-16 2020-11-16
d 10000 SHS US TREASU NT 2.875%08/28 UST NOTE DUE 08/15/28   2019-03-11 2020-10-20
e 5000 SHS US TREASU NT 2.875%08/28 UST NOTE DUE 08/15/28   2019-02-28 2020-10-20
12000 SHS ROPER TECHNOLOGIE 3.8%26 DUE 12/15/26   2017-12-05 2020-10-09
7000 SHS US TREASU NT 2.625%11/20 UST NOTE DUE 11/15/20   2018-04-16 2020-09-25
5000 SHS US TREASU NT 2.625%11/20 UST NOTE DUE 11/15/20   2019-03-27 2020-09-25
2000 SHS US TREASU NT 2.625%11/20 UST NOTE DUE 11/15/20   2017-09-29 2020-08-17
8000 SHS US TREASU NT 2.625%11/20 UST NOTE DUE 11/15/20   2018-04-16 2020-08-17
10000 SHS US TREASU NT 2.625%11/20 UST NOTE DUE 11/15/20   2018-02-28 2020-08-17
5000 SHS US TREASU NT 2.625%11/20 UST NOTE DUE 11/15/20   2017-09-09 2020-07-30
10000 SHS US TREASU NT 2.625%11/20 UST NOTE DUE 11/15/20   2017-08-10 2020-06-25
4000 SHS US TREASUR NT 2.75%02/24 UST NOTE DUE 02/15/24   2019-01-23 2020-06-25
2000 SHS US TREASUR NT 2%11/26 US T NOTE DUE 11/15/26   2017-08-31 2020-05-22
2000 SHS US TREASUR NT 2%11/26 US T NOTE DUE 11/15/26   2017-12-28 2020-05-22
25000 SHS US TREASUR NT 2%11/26 UST NOTE DUE 11/15/26   2018-04-11 2020-05-22
10000 SHS DOLLAR GENERAL C 3.25%23 DUE 04/15/23   2017-08-16 2020-05-21
2000 SHS DOLLAR GENERAL C 3.25%23 DUE 04/15/23   2017-08-16 2020-05-18
12000 SHS VEREIT OPERATING 3.95%27 DUE 08/15/27   2020-01-09 2020-05-11
5000 SHS US TREASUR NT 3.5%05/20 UST NOTE DUE 05/15/20   2019-10-22 2020-05-04
10000 SHS US TREASUR NT 3.5%05/20 UST NOTE DUE 05/15/20   2019-10-04 2020-05-04
5000 SHS US TREASUR NT 3.5%05/20 UST NOTE DUE 05/15/20   2019-10-04 2020-04-30
1000 SHS US TREASUR NT 2%11/26 UST NOTE DUE 11/15/26   2017-08-31 2020-03-23
1000 SHS US TREASUR NT 2%11/26 US T NOTE DUE 11/15/26   2017-08-10 2020-03-23
4000 SHS US TREASUR NT 2%11/26 US T NOTE DUE 11/15/26   2017-08-10 2020-03-23
10000 SHS UST INFL IDX 0.25%07/29 INFL INDEX DUE 07/15/29   2019-08-08 2020-03-11
10000 SHS US TREASUR NT 3.5%05/20 UST NOTE DUE 05/15/20   2019-09-20 2020-03-11
11000 SHS ROYAL CARIBBEAN 5.25%22F DUE 11/15/22   2017-08-25 2020-02-28
15000 SHS TANGER PROPERTI 3.125%26 DUE 09/01/26   2018-02-14 2020-01-09
303.785 SHS T. ROWE PRICE BLUE CHIP GROWTH   2014-08-12 2020-12-03
379.735 SHS VANGUARD EXTENDED MARKET INDEX ADMIRAL   2020-05-08 2020-12-03
731.895 SHS HARDING LOEVNER INTERNAT IONAL EQ INSTL   2017-11-09 2020-12-03
450.345 SHS VANGUARD DIVIDEND GROWTH INV   2014-12-22 2020-12-03
1841.621 SHS BLACKROCK MULTI-ASSET IN COME INSTL   2017-02-23 2020-10-20
16952.988 SHS BLACKROCK MULTI-ASSET IN COME INSTL   2015-11-23 2020-10-20
3230.84 SHS BLACKROCK MULTI-ASSET IN COME INSTL   2019-09-03 2020-10-20
1270.003 SHS DODGE & COX INTERNATIONA L STOCK   2015-11-23 2020-08-24
808.6 SHS VANGUARD DIVIDEND GROWTH INV   2014-12-22 2020-08-24
805.944 SHS DODGE & COX INTERNATIONA L STOCK   2014-08-12 2020-08-24
1613.957 SHS HARDING LOEVNER INTERNAT IONAL EQ INSTL   2017-11-09 2020-08-24
1820.746 SHS VANGUARD SHORT-TERM INVE STMENT-GRADE ADM   2014-12-22 2020-08-24
150.606 SHS DODGE & COX INTERNATIONA L STOCK   2014-12-23 2020-08-24
612.145 SHS DODGE & COX INTERNATIONA L STOCK   2017-02-23 2020-08-24
542.175 SHS DODGE & COX INTERNATIONA L STOCK   2018-12-28 2020-08-24
587.268 SHS DODGE & COX INTERNATIONA L STOCK   2014-12-22 2020-08-24
2564.957 SHS PIMCO INCOME INSTL   2015-11-23 2020-08-24
300.973 SHS VANGUARD EXTENDED MARKET INDEX ADMIRAL   2020-05-08 2020-08-24
1358.962 SHS VERSUS CAP MULTI-MANAGER REAL SH BEN INT I   2019-05-07 2020-07-17
5.382 SHS VANGUARD MID CAP INDEX F UND ADMIRAL SHARE   2020-03-09 2020-05-08
370.341 SHS T ROWE PRICE BLUE CHIP GROWTH FD INV   2014-08-12 2020-05-08
6.953 SHS VANGUARD MID CAP INDEX FUND ADMIRAL SHARE   2019-12-23 2020-05-08
8985.624 SHS PIMCO INCM INST CL   2015-11-23 2020-05-08
3090.544 SHS DODGE & COX INTL STOCK FUND   2014-08-12 2020-05-08
2843.499 SHS VANGUARD SMALL CAP INDEX ADMIRAL SHARE   2020-04-03 2020-05-08
68.224 SHS VANGUARD TOTAL STOCK MKT INDEX FD ADMIRAL SHARE   2014-09-24 2020-05-08
4.225 SHS VANGUARD MID CAP INDEX F UND ADMIRAL SHARE   2019-03-27 2020-05-08
4.291 SHS VANGUARD MID CAP INDEX F UND ADMIRAL SHARE   2019-06-26 2020-05-08
79.333 SHS VANGUARD TOTAL STOCK MKT INDEX FD ADMIRAL SHARE   2014-12-22 2020-05-08
34.736 SHS VANGUARD TOTAL STOCK MKT INDEX FD ADMIRAL SHARE   2015-03-25 2020-05-08
4403.407 SHS VANGUARD TOTAL STOCK MKT INDEX FD ADMIRAL SHARE   2014-08-20 2020-05-08
1059.091 SHS VANGUARD MID CAP INDEX F UND ADMIRAL SHARE   2018-12-28 2020-05-08
3.937 SHS VANGUARD MID CAP INDEX F UND ADMIRAL SHARE   2019-09-13 2020-05-08
38.101 SHS VANGUARD TOTAL STOCK MKT INDEX FD ADMIRAL SHARE   2015-09-25 2020-05-08
343.175 SHS VANGUARD TOTAL STOCK MKT INDEX FD ADMIRAL SHARE   2019-09-04 2020-05-08
32.038 SHS VANGUARD TOTAL STOCK MKT INDEX FD ADMIRAL SHARE   2015-06-26 2020-05-08
5920.657 SHS VERSUS CAP MULTI MNGR REAL ESTATE INCM FD INST   2019-05-07 2020-04-17
96.756 SHS VANGUARD STRATEGIC SMALL CAP EQUITY INV   2014-12-18 2020-04-03
560.265 SHS VANGUARD STRATEGIC SMALL CAP EQUITY INV   2014-12-18 2020-04-03
66.486 SHS VANGUARD STRATEGIC SMALL CAP EQUITY INV   2014-12-18 2020-04-03
1740.787 SHS VANGUARD STRATEGIC SMALL CAP EQUITY INV   2014-08-20 2020-04-03
3246.753 SHS VANGUARD STRATEGIC SMALL CAP EQUITY INV   2015-11-23 2020-04-03
902.68 SHS VANGUARD STRATEGIC SMALL CAP EQUITY INV   2017-02-24 2020-04-03
652.841 SHS VANGUARD STRATEGIC SMALL CAP EQUITY INV   2019-09-04 2020-04-03
6.832 SHS FPA CRESCENT FUND INST C L SHARES   2015-07-02 2020-03-18
4765.232 SHS FPA CRESCENT FUND INST C L SHARES   2014-10-02 2020-03-18
776.569 SHS FPA CRESCENT FUND INST C L SHARES   2019-09-03 2020-03-18
678.778 SHS FPA CRESCENT FUND INST C L SHARES   2018-12-28 2020-03-18
22.774 SHS FPA CRESCENT FUND INST CL SHARES   2015-07-02 2020-03-18
588.062 SHS FPA CRESCENT FUND INST C L SHARES   2017-02-23 2020-03-18
221.085 SHS FPA CRESCENT FUND INST C L SHARES   2014-12-23 2020-03-18
24.078 SHS FPA CRESCENT FUND INST C L SHARES   2014-12-23 2020-03-18
2290.175 SHS HARDING LOEVNER INTL EQTY PORT INST   2017-11-09 2020-01-09
797.494 SHS DODGE & COX INTL STOCK FUND   2014-08-12 2020-01-09
583.113 SHS T ROWE PRICE BLUE CHIP GROWTH FD INV   2014-08-12 2020-01-09
14.624 SHS VANGUARD SHORT TERM INVESTMENT GRADE FUND ADMIRAL   2014-12-17 2020-01-09
179.788 SHS VANGUARD MID CAP INDEX FUND ADMIRAL SHARE   2018-12-28 2020-01-09
495.48 SHS VANGUARD TOTAL STOCK MKT INDEX FD ADMIRAL SHARE   2014-08-20 2020-01-09
3710.702 SHS VANGUARD SHORT TERM INVE STMENT GRADE FUND ADMIRA L   2014-12-22 2020-01-09
753.516 SHS VANGUARD EQUITY INCOME FD ADMIRAL SHRS   2014-08-12 2020-01-09
585.43 SHS FPA CRESCENT FUND INST CL SHARES   2014-10-02 2020-01-09
912.158 SHS VANGUARD STRATEGIC SMALL CAP EQUITY INV   2014-08-20 2020-01-09
1814.143 SHS BLACKROCK MULTI ASSET INCM PORT INST   2015-11-23 2020-01-09
CELLME, LLC - LOSS ON LIQUIDATION P   2020-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,956   6,104 852
b 13,926   12,236 1,690
c 12,485   12,019 466
d 11,703   10,176 1,527
e 5,851   5,074 777
13,842   12,298 1,544
7,016   7,002 14
5,012   5,003 9
2,011   2,005 6
8,044   8,003 41
10,055   10,007 48
5,025   5,016 9
10,083   10,042 41
4,351   4,024 327
2,193   1,972 221
2,193   1,953 240
27,414   23,856 3,558
10,595   10,142 453
2,110   2,029 81
11,056   12,651 -1,595
5,001   5,003 -2
10,001   10,005 -4
4,995   5,004 -9
1,086   986 100
1,086   985 101
4,345   4,013 332
10,543   10,181 362
10,039   10,031 8
11,813   11,670 143
14,980   14,025 955
50,000   20,214 29,786
45,000   31,090 13,910
20,000   16,614 3,386
15,000   10,525 4,475
19,723   19,960 -237
181,559   180,695 864
34,601   34,962 -361
47,749   50,000 -2,251
25,000   18,897 6,103
30,301   36,719 -6,418
40,000   36,638 3,362
20,000   19,391 609
5,662   6,387 -725
23,015   25,000 -1,985
20,384   20,000 384
22,080   25,000 -2,920
30,000   31,013 -1,013
30,000   24,641 5,359
36,016   37,950 -1,934
1,020   977 43
47,000   24,642 22,358
1,318   1,530 -212
100,000   108,645 -8,645
100,000   140,805 -40,805
184,277   145,000 39,277
4,898   3,384 1,514
801   830 -29
813   872 -59
5,695   4,106 1,589
2,494   1,834 660
316,112   220,567 95,545
200,783   179,524 21,259
746   823 -77
2,735   1,850 885
24,636   25,000 -364
2,300   1,701 599
157,894   165,340 -7,446
1,898   2,875 -977
10,992   16,645 -5,653
1,304   1,975 -671
34,152   56,367 -22,215
63,697   100,000 -36,303
17,709   32,000 -14,291
12,808   20,000 -7,192
170   230 -60
118,409   160,588 -42,179
19,297   25,000 -5,703
16,867   20,000 -3,133
566   766 -200
14,613   20,000 -5,387
5,494   7,493 -1,999
598   816 -218
55,000   51,988 3,012
35,000   36,334 -1,334
75,000   38,800 36,200
157   156 1
40,000   30,476 9,524
40,000   24,819 15,181
39,843   39,519 324
60,000   48,655 11,345
20,000   19,729 271
30,000   29,536 464
20,000   19,357 643
308,066   312,701 -4,635
32,701     32,701
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       852
b       1,690
c       466
d       1,527
e       777
      1,544
      14
      9
      6
      41
      48
      9
      41
      327
      221
      240
      3,558
      453
      81
      -1,595
      -2
      -4
      -9
      100
      101
      332
      362
      8
      143
      955
      29,786
      13,910
      3,386
      4,475
      -237
      864
      -361
      -2,251
      6,103
      -6,418
      3,362
      609
      -725
      -1,985
      384
      -2,920
      -1,013
      5,359
      -1,934
      43
      22,358
      -212
      -8,645
      -40,805
      39,277
      1,514
      -29
      -59
      1,589
      660
      95,545
      21,259
      -77
      885
      -364
      599
      -7,446
      -977
      -5,653
      -671
      -22,215
      -36,303
      -14,291
      -7,192
      -60
      -42,179
      -5,703
      -3,133
      -200
      -5,387
      -1,999
      -218
      3,012
      -1,334
      36,200
      1
      9,524
      15,181
      324
      11,345
      271
      464
      643
      -4,635
      32,701
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 146,297
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 2,014
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,014
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,014
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,716
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,716
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 702
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet702 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSUSAN R SULLIVAN Telephone no.bullet (772) 283-3838

    Located atbullet411 SE OSCEOLA STREET SUITE 201STUARTFL ZIP+4bullet349943008
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SUSAN R SULLIVAN PRESIDENT/DIRECTOR
    8.00     		30,000 0 0
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    LISA E CHIAVETTA SECRETARY
    15.00     		45,500 0 0
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    WILLIAM C FOWLER TREASURER
    2.00     		0 0 0
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    JENNIFER S MCKAY DIRECTOR
    1.00     		3,000 0 0
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    GIERIET S BOWEN DIRECTOR
    1.00     		3,000 0 0
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    JOHN W SULLIVAN JR DIRECTOR
    1.00     		3,000 0 0
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    J BOLTON SULLIVAN II DIRECTOR
    1.00     		3,000 0 0
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    KATHLEEN B SULLIVAN DIRECTOR
    1.00     		3,000 0 0
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,708,124
    b
    Average of monthly cash balances.......................
    1b
    317,003
    c
    Fair market value of all other assets (see instructions)................
    1c
    667,095
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,692,222
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,692,222
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    85,383
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,606,839
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    280,342
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    280,342
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,014
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    1,695
    c
    Add lines 2a and 2b............................
    2c
    3,709
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    276,633
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    276,633
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    276,633
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    529,511
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    529,511
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    529,511
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 276,633
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 122,629
    b From 2016......  
    c From 2017...... 197,053
    d From 2018...... 138,496
    e From 2019...... 227,683
    fTotal of lines 3a through e........ 685,861
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 529,511
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 276,633
    e Remaining amount distributed out of corpus 252,878
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 938,739
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		122,629
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		816,110
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 197,053
    c Excess from 2018.... 138,496
    d Excess from 2019.... 227,683
    e Excess from 2020.... 252,878
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    SUSAN R SULLIVAN
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SUSAN R SULLIVAN PRESIDENTDIRECTOR
    411 SE OSCEOLA STREET SUITE 201
    STUART,FL349943008
    (772) 283-3838
    bThe form in which applications should be submitted and information and materials they should include:
    SEND PRINTED MATERIALS REGARDING CHARITABLE ORGANIZATION ALONG WITH CURRENT FINANCIAL STATEMENTS.
    cAny submission deadlines:
    NOVEMBER 15TH OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN RED CROSS
    1250 NORTHPOINT PARKWAY
    WEST PALM BEACH,FL33407     		NONE. PUBLIC CHARITY DISASTER RELIEF 5,000
    ARRUPE COLLEGE OF LOYOLA UNIVERSITY CHICAGO
    820 NORTH MICHIGAN AVENUE
    CHICAGO,IL60611     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 10,000
    BOYS AND GIRLS CLUB OF MARTIN COUNTY
    11954 SE DIXIE HIGHWAY
    HOBE SOUND,FL33475     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 6,500
    BRAIN CHEMISTRY LABS
    PO BOX 3464
    JACKSON,WY83001     		NONE. FOUNDATION MEDICAL RESEARCH 2,000
    BYERSCHOOL FOUNDATION
    1926 ARCH STREET SUITE 3F
    PHILADELPHIA,PA19103     		NONE. FOUNDATION EDUCATIONAL SUPPORT 2,000
    CLEVELAND CLINIC - MARTIN HEALTH FOUNDATION
    PO BOX 9010
    STUART,FL349952020     		NONE. FOUNDATION HEALTH CARE SUPPORT 100,000
    COLLEGE OF THE HOLY CROSS
    1 COLLEGE STREET
    WORCESTER,MA01610     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 10,000
    COUNCIL ON AGING OF MARTIN COUNTY INC
    900 SE SALERNO ROAD
    STUART,FL34997     		NONE. PUBLIC CHARITY SUPPORT FOR THE AGING 16,000
    CRISTO REY NETWORK
    11 EAST ADAMS STREET SUITE 800
    CHICAGO,IL60603     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 1,000
    DIOCESE OF PALM BEACH - DIOCESAN SERVICES APPEAL
    9995 NORTH MILITARY TRAIL
    PALM BEACH GARDENS,FL33410     		NONE. PUBLIC CHARITY RELIGIOUS SUPPORT 1,000
    ENVIRONMENTAL DEFENSE FUND
    1875 CONNECTICUT AVENUE NW
    WASHINGTON,DC20009     		NONE. PUBLIC CHARITY SUPPORT OF THE ENVIRONMENT - CLIMATE CHANGE, WILDLIFE HABITATS, DAMAGED ECOSYSTEMS 1,000
    EVERGLADES FOUNDATION
    18001 OLD CUTLER ROAD SUITE 625
    PALMETTO BAY,FL33157     		NONE. FOUNDATION ENVIRONMENTAL SUPPORT 5,000
    FEEDING AMERICA
    35 EAST WACKER DRIVE SUITE 2000
    CHICAGO,IL60601     		NONE. PUBLIC CHARITY FEEDING THE HUNGRY 1,000
    FENIX FAMILY HEALTH CENTER INC
    130 WASHINGTON AVENUE
    HIGHWOOD,IL60040     		NONE. PUBLIC CHARITY HEALTH CARE 10,000
    FLORIDA ATLANTIC UNIVERSITY LIFE LONG LEARNING
    5353 PARKSIDE DRIVE PA134
    JUPITER,FL334589972     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 1,000
    FLORIDA OCEANOGRAPHIC SOCIETY
    890 NE OCEAN BLVD
    STUART,FL34996     		NONE. PUBLIC CHARITY ENVIRONMENTAL SUPPORT 20,000
    FOUNDATION FOR TOMORROW
    PO BOX 470836
    CHARLOTTE,NC28247     		NONE. PUBLIC CHARITY SUPPORT OF INTERNATIONAL EDUCATION 1,000
    FRED HUTCHINSON CANCER RESEARCH CENTER
    1100 FAIRVIEW AVENUE N
    SEATTLE,WA98109     		NONE. PUBLIC CHARITY CANCER RESEARCH 4,000
    GEORGETOWN UNIVERSITY
    2115 WISCONSIN AVENUE NW 500
    WASHINGTON,DC20007     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 15,000
    GIVE WELL
    1714 FRANKLIN STREET 100335
    OAKLAND,CA946123409     		NONE. PUBLIC CHARITY CHARITABLE AND OPERATING SUPPORT 1,000
    HABITAT FOR HUMANITY OF MARTIN COUNTY INC
    2555 SE BONITA STREET
    STUART,FL34997     		NONE. PUBLIC CHARITY HOUSING FOR LOW INCOME FAMILIES 3,000
    HELPING PEOPLE SUCCEED
    1601 NE BRAILLE PLACE
    JENSEN BEACH,FL34957     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 500
    HOBE SOUND COMMUNITY CHEST
    PO BOX 511
    HOBE SOUND,FL33475     		NONE. PUBLIC CHARITY SUPPORT FOR THE HOMELESS AND HUNGRY 10,000
    HOBE SOUND FINE ARTS LEAGUE
    8879 SE BRIDGE ROAD
    HOBE SOUND,FL33455     		NONE. PUBLIC CHARITY SUPPLY ART SUPPLIES FOR PUBLIC SCHOOLS 1,000
    HOBE SOUND NATURE CENTER
    PO BOX 214
    HOBE SOUND,FL33475     		NONE. PUBLIC CHARITY ENVIRONMENTAL SUPPORT 5,000
    HOPE RURAL SCHOOL
    15929 SW 150TH STREET
    INDIANTOWN,FL34956     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 1,000
    HOUSE OF HOPE
    2484 SE BONITA STREET
    STUART,FL34997     		NONE. PUBLIC CHARITY AID THE HOMELESS AND HUNGRY 10,000
    INDIAN HILL CLUB SCHOLARSHIP FOUNDATION
    1 INDIAN HILL ROAD
    WINNETKA,IL60093     		NONE. FOUNDATION EDUCATIONAL SUPPORT 1,000
    JESUIT REFUGEE SERVICEUSA
    1627 K ST NW SUITE 1100
    WASHINGTON,DC20036     		NONE. PUBLIC CHARITY AID FOR INTERNATIONAL REFUGEES 13,000
    JUPITER MEDICAL CENTER FOUNDATION
    1210 S OLD DIXIE HIGHWAY
    JUPITER,FL334589972     		NONE. FOUNDATION HEALTH CARE SUPPORT 1,000
    KELLOGG GRADUATE SCHOOL OF MGMT
    2020 RIDGE AVENUE 230
    EVANSTON,IL60201     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 5,000
    LAWRENCEVILLE SCHOOL
    PO BOX 6125
    LAWRENCEVILLE,NJ086489987     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 4,000
    LOBLOLLY COMMUNITY FOUNDATION INC
    7407 SE HILL TERRACE
    HOBE SOUND,FL33455     		NONE. FOUNDATION EDUCATIONAL AND HEALTH CARE SUPPORT 2,000
    MISS INC (MOTHERS AND INFANTS STRIVING FOR SUCCESS INC)
    4434 SE CLECKLEY WAY
    STUART,FL34997     		NONE. PUBLIC CHARITY AID TO THE HOMELESS 8,000
    MALTZ JUPITER THEATRE
    1001 EAST INDIANTOWN ROAD
    JUPITER,FL33477     		NONE. PUBLIC CHARITY SUPPORT FOR THE ARTS 33,000
    MANHATTANVILLE COLLEGE
    2900 PURCHASE STREET
    PURCHASE,NY10577     		NONE. PUBLIC CHARITY EDUCATIONAL SUPPORT 5,000
    MAYO CLINIC
    200 FIRST STREET SW
    ROCHESTER,MN55905     		NONE. PUBLIC CHARITY HEALTH CARE SUPPORT 1,000
    MEDICAL UNIVERSITY OF SOUTH CAROLINA HOLLINGS CANCER CENTER
    86 JONATHAN LUCAS STREET MSC 955
    CHARLESTON,SC29425     		NONE. PUBLIC CHARITY CANCER RESEARCH 10,000
    MEPKIN ABBEY
    1098 MEPKIN ABBEY ROAD
    MONCKS CORNER,SC29461     		NONE. PUBLIC CHARITY RELIGIOUS SUPPORT 2,500
    MERCER ISLAND SCHOOL FOUNDATION
    PO BOX 1243
    MERCER ISLAND,WA98040     		NONE. FOUNDATION EDUCATIONAL SUPPORT 12,000
    NASAREANORG
    112 S MAIN STREET 181
    STOWE,VT05672     		NONE. PUBLIC CHARITY REFUGEE SUPPORT 1,000
    NATIONAL BLACK CHILD DEVELOPMENT INSTITUTE
    8455 COLEVILLE ROAD SUITE 910
    SILVER SPRING,MD20910     		NONE. PUBLIC CHARITY SUPPORT OF CHILDREN, FAMILIES AND COMMUNITIES 1,000
    NORTHERN VIRGINIA EMERGENCY MEDICAL SERVICES COUNCIL INC
    7250 HERITAGE VILLAGE PLAZA SUITE
    102
    GAINESVILLE,VA20155     		NONE. PUBLIC CHARITY ASHES2ART PROGRAM FOR FIRST RESPONDERS 20,000
    ONE80 PLACE
    PO BOX 20038
    CHARLESTON,SC29413     		NONE. PUBLIC CHARITY AID THE HOMELESS AND HUNGRY 10,000
    PACIFIC GARDEN MISSION
    1458 S CANAL STREET
    CHICAGO,IL606079835     		NONE. FOUNDATION FEEDING THE HUNGRY 1,000
    PAN MASS CHALLENGE
    77 4TH AVENUE
    NEEDHAM,MA02494     		NONE. PUBLIC CHARITY CANCER RESEARCH 5,000
    RACE FORWARD
    145 EAST 57TH STREET 4TH FLOOR
    NEW YORK CITY,NY10022     		NONE. PUBLIC CHARITY BUILDING AWARENESS, SOLUTIONS AND LEADERSHIP FOR RACIAL JUSTICE 1,000
    REDEEMER LUTHERAN CHURCH
    2450 SE OCEAN BLVD
    STUART,FL34996     		NONE. PUBLIC CHARITY AID TO THE HOMELESS AND HUNGRY 5,000
    RIVERS COALITION INC
    PO BOX 2627
    STUART,FL34995     		NONE. PUBLIC CHARITY ENVIRONMENTAL SUPPORT 1,000
    SALVATION ARMY
    821 SE MARTIN LUTHER KING JR BLVD
    STUART,FL34994     		NONE. PUBLIC CHARITY AID TO THE HOMELESS AND HUNGRY 10,000
    ST CHRISTOPHER CHURCH
    12001 SE FEDERAL HIGHWAY
    HOBE SOUND,FL33455     		NONE. PUBLIC CHARITY RELIGIOUS SUPPORT 10,000
    ST VINCENT DE PAUL SOCIETY
    12001 SE FEDERAL HIGHWAY
    HOBE SOUND,FL33455     		NONE. PUBLIC CHARITY RELIGIOUS SUPPORT 15,000
    THE BAIL PROJECT
    PO BOX 750
    VENICE,CA90294     		NONE. PUBLIC CHARITY PROVIDE BAIL ASSISTANCE AND PRE-TRIAL SUPPORT 1,000
    THE INNOCENCE PROJECT
    40 WORTH STREET SUITE 701
    NEW YORK CITY,NY10013     		NONE. FOUNDATION SUPPORT REFORM OF THE CRIMINAL JUSTICE SYSTEM 1,000
    THE WISTAR INSTITUTE
    3601 SPRUCE STREET
    PHILADELPHIA,PA19104     		NONE. PUBLIC CHARITY CANCER RESEARCH 5,000
    TO TEACH WHO CHRIST IS
    835 NORTH RUSH STREET
    CHICAGO,IL60611     		NONE. PUBLIC CHARITY RELIGIOUS SUPPORT 5,000
    TREASURE COAST HOSPICE FOUNDATION
    1201 SE INDIAN STREET
    STUART,FL34997     		NONE. FOUNDATION MEDICAL CARE AND SUPPORT 3,000
    TYKES AND TEENS
    3577 SW CORPORATE PARKWAY
    PALM CITY,FL34990     		NONE. FOUNDATION SUPPORT OF MENTAL HEALTH SERVICES FOR CHILDREN AND FAMILIES 5,000
    UNITED WAY OF MARTIN COUNTY
    PO BOX 362
    STUART,FL34995     		NONE. PUBLIC CHARITY COMMUNITY-WIDE SUPPORT FOR HOMELESS, HUNGRY & HEALTH CARE 15,000
    UNIVERSTIY OF CHICAGO MEDICAL CENTER-CPCI
    130 EAST RANDOLPH STREET 1400
    CHICAGO,IL60601     		NONE. PUBLIC CHARITY CANCER RESEARCH 1,000
    VOLUNTEERS IN MEDICINE
    417 SE BALBOA AVENUE
    STUART,FL34994     		NONE. FOUNDATION HEALTH CARE SUPPORT 3,000
    WATER MISSIONS INTERNATIONAL
    PO BOX 71489
    N CHARLESTON,SC29415     		NONE. PUBLIC CHARITY INTERNATIONAL HEALTH CARE 4,500
    WHITE DOVES HOLIDAY PROJECT
    10 SE CENTRAL PARKWAY SUITE 101
    STUART,FL34994     		NONE. PUBLIC CHARITY SUPPORT FOR CHILDREN AND FAMILIES 800
    Total .................................bullet 3a 464,800
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 92,403  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 531120 11,596 14 1,045  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 146,297  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 11,596 239,745 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    251,341
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,935 3,467   3,468

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS - SCHWAB #5003 228,181 244,473

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    US Government Securities - End of Year Book Value:

    273,366
    US Government Securities - End of Year Fair Market Value:

    282,356
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - SCHWAB #7236 FMV 3,432,182 4,403,981
    NMS-ELON TOWN CENTER FMV 75,709 135,000
    SAGIL LATIN AMERICAN OPPORTUNITY FUND FMV 200,000 399,715
    SHEM CREEK CAPITAL FUND FMV 48,887 51,312
    TANGO NET, INC. SERIES B STOCK FMV 126,656 0
    TANGO NET, INC. SERIES C STOCK FMV 206,161 0
    ARBORETUM PARTNERS LLC FMV 0 80,000
    TANGO NET, INC. SERIES A STOCK FMV 150,000 0

    TY 2020 OtherExpensesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 25,350 25,350   0
    INVESTMENT INTEREST EXPENSE PASS THROUGH ENTITIES 2,442 2,442   0
    LICENSE AND FEE 61 31   30
    OTHER EXPENSES PASS THRU ENTITY 624 624   0
    BANK SERVICE CHARGES 330 0   330
    ARBORETUM PARTNERS LLC 3,802 1,045   0


    TY 2020 OtherIncomeSchedule2
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SHEM CREEK CAPITAL FUND III, LLC 7,972 0 7,972
    NMS-ELON TOWN CENTER, LLC 3,624 0 3,624
    NMS-ELON TOWN CENTER, LLC 1,045 1,045 1,045


    TY 2020 OtherLiabilitiesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Description Beginning of Year - Book Value End of Year - Book Value
    ARBORETUM PARTNERS, LLC 24,664 33,635


    TY 2020 TaxesSchedule
    Name:
    SUSAN R AND JOHN W SULLIVAN FOUNDATION
    EIN:
    22-2612047
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES ON INVESTMENT INCOME 6,997 0   0
    FOREIGN TAX PAID ON DIVIDENDS 779 779   0
    PAYROLL TAXES 5,944 2,972   2,972
    STATE TAXES ON INVESTMENT INCOME 2,523 0   0